Investments.

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1. What is the net asset value of an investment company with \$10,000,000 in assets, \$790,000 in current liabilities, and 1,200,000 shares outstanding? 10000000-790000 / 1200000 10000000

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Investments1JKInstructor Charles BensonInvestmentsNovember 8, 2015InvestmentsInvestments1. What is the net asset value of an investment company with \$10,000,000 in assets,\$790,000 in current liabilities, and 1,200,000 shares outstanding?10000000-790000 / 120000010000000-7900009210000 /1200000 = Nav per share 7.6752. If a mutual funds net asset value is \$23.40 and the fund sells its shares for \$25, what isthe load fee as a percentage of the net asset value?25-23.5/23.5 *100=6.383 percent or 23.40x360/25x100=6.837%5. Consider the following four investments.a) You invest \$3,000 annually in a mutual fund that earns 10 percent annually, and youreinvest all distributions. How much will you have in the account at the end of 20 years?b) You invest \$3,000 annually in a mutual fund with a 5 percent load fee so that only\$2,850 is actually invested in the fund. The fund earns 10 percent annually, and youreinvest all distributions. How much will you have in the account at the end of 20 years?(Assume that all distributions are not subject to the load fee.)c) You invest \$3,000 annually in a no-load mutual fund that charges 12b-1 fees of 1percent. The fund earns 1

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